Apple looks to hit ₹1 lakh crore production milestone in FY24

Apple is gearing up to cater to the festive demand in the US and the West starting this month, but due to global headwinds, consumption, including that of electronics, is down in the West, officials said. Around 70% of iPhones produced in India are exported. So far, Apple has exported ₹40,000 crore ($5 billion) worth of iPhones in the April to October period this fiscal.

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